What common charge includes in New York city condo?

Answer It depends on the condominium association.Usually there are fixed expenses included in monthly assessments, such as master insurance policy premium, basic utilities, and contributions to reserves -... Read More »

Top Q&A For: What common charge includes in New York city condo

Can a New York Condo association collect rent from the tenant if the unit owner is delinquent in paying common charges?

Probably, yes. Read your governing documents to become more familiar with your obligation to pay your common charges, and the association's responsibility and processes by which they are required t... Read More »

In a condo association is maintenance defined as mowing of lawns and edging the same as landscaping of common element around the perimeter of a condo?

Your governing documents, including any maintenance tasks included in the annual budget will give you the answer to your question.Generally, all lawns, except lawns specifically owned and maintaine... Read More »

We have leased a condo in New York City. Another tenant on the same floor refuses to stop smoking and our son has asthma. Is there some kind of governing board that handles a problem like this?

Short Answer: Yes, there is a governing board. Here's how you might work through them to resolve your issue. Properly, you must work through your landlord to resolve this situation. (Check your lea... Read More »

What is the definition of common area for a condo?

A common area is defined as a real estate asset that is usable by all members of the community, and is owned in common by all owners. At least one sub-definition is limited common area, meaning th... Read More »